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the soaring gun violence in the city. judge is here. i got a variety of questions about this. >> it's a profound issue. >> can you do this? can you bring in federal authorities to police a local municipality, question one. >> the only precedent for that in american history is where there are no local authorities, and the classic example is the american south during the early parts of the reconstruction period where the -- during the civil war, so much of the infrastructure, so much of the government of southern states, local and statewide was destroyed in the war. only american troops could maintain order. >> what federal troops brought in in the deep south in the days of the civil rights move the and again in the riots of 67 #. >> yes, those are discreet examples where local police would not enforce federal civil rights laws so president eisenhower, for example, jfk, for example, nationalized the -- federalized the national guard. took them away from the jurisdiction of southern governors, and he put them under the juris
the soaring gun violence in the city. judge is here. i got a variety of questions about this. >> it's a profound issue. >> can you do this? can you bring in federal authorities to police a local municipality, question one. >> the only precedent for that in american history is where there are no local authorities, and the classic example is the american south during the early parts of the reconstruction period where the -- during the civil war, so much of the infrastructure, so...
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Feb 20, 2013
02/13
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could you imagine if all the cities -- could you imagine if they get bailed out, all the cities across the country, the line would be so long. someone has to go there and change the mindset of the people in that city. you know, 47% of the people there are functional illiterates. if you don't go there and change the mindset of the people, anything is going to be a temporary band-aid, whether it's a bailout, whether it's bankruptcy, that just means another bankruptcy down the road. a bailout means another bailout down the road. unless they figure out a way to change their viewpoint on life, it's lost hope. stuart: you have to abrogate your union pension contracts. charles: absolutely. that was the cornerstone, that was a city built on union pensions. stuart: only a bankruptcy court judge could do that. sandra: there are some plans. they are trying to repurpose land. the population of detroit which was at one point nearly 2 million people has shrunk to 700,000 people. there's a lot of open space there. so somebody could come up with a decent plan, if they file bankruptcy and try to come u
could you imagine if all the cities -- could you imagine if they get bailed out, all the cities across the country, the line would be so long. someone has to go there and change the mindset of the people in that city. you know, 47% of the people there are functional illiterates. if you don't go there and change the mindset of the people, anything is going to be a temporary band-aid, whether it's a bailout, whether it's bankruptcy, that just means another bankruptcy down the road. a bailout...
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Feb 27, 2013
02/13
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financial health of the city. that's a process that we're going through right now. the review team has made a recommendation that the financial emergency be declared. we have that recommendation in hand right now and over the course of the next few weeks we'll make a final determination on that and then decide how to proceed. >> you've got to rein in the pensions and the health benefits for retired city workers, there really is-- again, am i being too harsh? there's no choice, is there? >> when you look the at where the state of michigan itself was, just a few years ago, our long-term liabilities, including our pension cuts were mounting each year so we instituted a real reform over the last few years to reduce our debt. the state of michigan's liabilities are over 20 billion dollars less than they were in 2011 when governor snyder and i took office. and that was-- those are hard decisions, but they have to be made so today we have our financial footing well underneath us and we are the comeback state. the example
financial health of the city. that's a process that we're going through right now. the review team has made a recommendation that the financial emergency be declared. we have that recommendation in hand right now and over the course of the next few weeks we'll make a final determination on that and then decide how to proceed. >> you've got to rein in the pensions and the health benefits for retired city workers, there really is-- again, am i being too harsh? there's no choice, is there?...
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Feb 25, 2013
02/13
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citizens in the city of detroit. stuart: we're very pleased to have you on the show. i think you are doing a fine thing. we're very interested in it. thank you very much for joining us. >> thank you. charles: it's a fine thing. listen, by the way, pittsburgh did the same thing already. it wouldn't be the first time it was done. but you need some real serious -- everyone's got to be in there. stuart: when you are down so low, you have to start somewhere. charles: absolutely. stuart: now the liberal hollywood elite backs president obama's push for higher taxes. tax the rich they say. pay your fair share. but how's this for hypocrisy? every year hollywood gets billions in tax breaks for producing movies. that's next. but first, here's actor and director ben affleck, from last night's after winning best picture. >> i thank everyone who worked on the movie, who did anything with this movie. i want to thank canada. i want to thank our friends in iran living in terrible circumstances right now. i want to thank my wife who i
citizens in the city of detroit. stuart: we're very pleased to have you on the show. i think you are doing a fine thing. we're very interested in it. thank you very much for joining us. >> thank you. charles: it's a fine thing. listen, by the way, pittsburgh did the same thing already. it wouldn't be the first time it was done. but you need some real serious -- everyone's got to be in there. stuart: when you are down so low, you have to start somewhere. charles: absolutely. stuart: now...
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Feb 12, 2013
02/13
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the judge will be in on that one, 10:35. and the city of houston wants to fingerprint, wait for it. fingerprint and photograph anyone who sells gold to a gold dealer. they're looking for thieves. the judge argues invasion of privacy. and paper trail-- >> we're now up 3 1/2 points, look at oil, please, i think they're back at $97 a barrel and no end in sight for rising gas prices where you have it now. a shortage of doctors in california. their solution there. see your pharmacist or a nurse. devaluing the degree that doctors have earned all in the name of obamacare. our own doctor, marc siegel joins us next. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everi'm with scottrade. me. (announcer) scottrade. awarded five-stars from smartmoney magazine. you know it can be hard to lbreathe, and how that fee
the judge will be in on that one, 10:35. and the city of houston wants to fingerprint, wait for it. fingerprint and photograph anyone who sells gold to a gold dealer. they're looking for thieves. the judge argues invasion of privacy. and paper trail-- >> we're now up 3 1/2 points, look at oil, please, i think they're back at $97 a barrel and no end in sight for rising gas prices where you have it now. a shortage of doctors in california. their solution there. see your pharmacist or a...
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Feb 22, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >> the big story this friday morning, finally, someone asked president obama a question about gas prices, but we'll start with the price today. it's up again overnight. 3.78 for regular as of now. that's almost 60 cents higher than a month ago and remember, an economist told us earlier this week that for every penny gas goes up. it's like adding 1.2 billion dollars in taxes a large chunk of the population already spending $4 for a gallon of gas. d.c. joins new york and california in a $4 club, illinois, connecticut are almost there. all right, now, that question to president obama, the answer to high gas prices is simple, he says, we need to use less oil. >> one thing that we're going to have to do is keep on making our overall economy use less oil. and we've got fewer oil imports now than we have in a very long time, but there's more work to do and unfortunately because of worldwide demand, oil prices are going to keep on going up and down until we put in place some
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >> the big story this friday morning, finally, someone asked president obama a question about gas prices, but we'll start with the price today. it's up again overnight. 3.78 for regular as of now. that's almost 60 cents higher than a month ago and remember, an economist told us earlier this week that for every penny gas goes up. it's like adding 1.2 billion dollars in taxes a...
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Feb 14, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. stuart: the highlight reel is here. roll it, please. warren buffett is buying heinz. along with 3g capital, that is. >> one of the things that he said, stuart, is that they have great tasting products. stuart: it is a name that the whole world knows. >> we will get above those highs. >> if we do not have confidence in the market, we are in a really bad situation. stuart: we had to heinz buyout by warren buffett and then we have the
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. stuart: the highlight reel is here. roll it, please. warren buffett is buying heinz. along with 3g capital, that is. >> one of the things that he said, stuart, is that they have great tasting products. stuart: it is a name that the whole world knows. >> we will get above those highs. >> if we do not have confidence in the market, we are in a really bad situation....